Knorr-Bremse (OTCMKTS:KNRRY) Sets New 52-Week High – What’s Next?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $27.86 and last traded at $27.83, with a volume of 4035 shares traded. The stock had previously closed at $27.65.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Barclays restated an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Finally, UBS Group raised Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Trading Up 0.7%

The stock’s 50 day moving average is $24.78 and its 200 day moving average is $24.78.

About Knorr-Bremse

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.